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Flexible Spending Accounts

A Flexible Spending Account (FSA) allows you to use before-tax dollars to pay for eligible out-of-pocket expenses.

***Open Enrollment for 2017***

For information about Open Enrollment for Flexible Spending Account, please go to MyMountHolyoke.

Mount Holyoke College has established two types of flexible spending accounts:

Health Care Spending Account:

Contributions of a minimum of $120 to a maximum of $2600.

Can be used to pay for eligible health care expenses (including dental expenses).

Dependent Care Spending Account:

Contributions of a minimum of $120 to a maximum of $5,000

Can be used to pay for eligible dependent care expenses.

Flexible spending dollars are deducted during the calendar year (January - December).

As permitted by the IRS, Mount Holyoke College offers an additional 'grace period' of 2 1/2 months in which a participant could use flexible spending dollars from the previous year to pay for expenses.

Please feel free to contact the HR Benefits department if you have any questions.